NewtekOne (FRA:1N31) Gross-Profit-to-Asset % : 13.74% (As of Dec. 2023)

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What is NewtekOne Gross-Profit-to-Asset %?

Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. NewtekOne's annualized Gross Profit for the quarter that ended in Dec. 2023 was €179.0 Mil. NewtekOne's average Total Assets over the quarter that ended in Dec. 2023 was €1,302.2 Mil. Therefore, NewtekOne's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 was 13.74%.

NewtekOne Gross-Profit-to-Asset % Historical Data

The historical data trend for NewtekOne's Gross-Profit-to-Asset % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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NewtekOne Gross-Profit-to-Asset % Chart

NewtekOne Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Gross-Profit-to-Asset %

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12.37

8.75

16.08

10.57

15.06

NewtekOne Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Gross-Profit-to-Asset %	Get a 7-Day Free Trial															9.11	15.18	13.98	13.20	13.74

Competitive Comparison of NewtekOne's Gross-Profit-to-Asset %

For the Banks - Regional subindustry, NewtekOne's Gross-Profit-to-Asset %, along with its competitors' market caps and Gross-Profit-to-Asset % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

NewtekOne's Gross-Profit-to-Asset % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, NewtekOne's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where NewtekOne's Gross-Profit-to-Asset % falls into.

NewtekOne Gross-Profit-to-Asset % Calculation

NewtekOne's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Dec. 2023 is calculated as:

Gross-Profit-to-Asset %	=	Gross Profit (A: Dec. 2023 )	/	( (Total Assets (A: Dec. 2022 )	+	Total Assets (A: Dec. 2023 ))	/ count )
	=	169.717	/	( (942.963	+	1310.863)	/ 2 )
	=	169.717	/	1126.913
	=	15.06 %

NewtekOne's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 is calculated as:

Gross-Profit-to-Asset %	=	Gross Profit (Q: Dec. 2023 )	/	( (Total Assets (Q: Sep. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
	=	178.968	/	( (1293.447	+	1310.863)	/ 2 )
	=	178.968	/	1302.155
	=	13.74 %

In the calculation of annual Gross-Profit-to-Asset %, the Gross Profit of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Gross Profit data used here is four times the quarterly (Dec. 2023) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.

NewtekOne Gross-Profit-to-Asset % Related Terms

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NewtekOne (FRA:1N31) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » NewtekOne Inc (FRA:1N31) » Definitions » Gross-Profit-to-Asset %

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NEWT:USA

Address

4800 T Rex Avenue, Suite 120, Boca Raton, FL, USA, 33431

Website

https://www.newtekone.com

NewtekOne Inc is a financial holding company engaged in providing financial solutions, It has developed a financial and technology-based business model that enables itself to acquire and process its clients in a very cost-effective manner. This capability is supported in large part by NewTracker, its patented prospect management technology software, that will allow NewtekOne clients to easily interact with NewtekOne subject matter experts in the areas of Banking, Lending, Payments, Technology, Payroll, and Insurance. It offers NewtekOne's clients a single online dashboard to access all of NewtekOne's business and financial solutions.

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